27 Kovac
Red Deer, Alberta T4P3M6
3 beds• 2 baths• 1,075 sqft
Description
This well-maintained 3-bedroom, 2-bathroom half duplex offers a practical layout with several thoughtful updates. You’ll find brand-new flooring throughout the top two levels, providing a clean and consistent feel across the bedrooms and main living areas. The outdoor space is equally functional, featuring a fully fenced yard with a storage shed, a gazebo for shaded relaxation, and convenient back lane access. A standout feature of the property is the landscaped backyard, which truly comes to life in the spring and summer months. It’s a solid, move-in-ready home that balances interior comfort with a great outdoor setup. (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
1991
● Square Footage
1,075 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
2
● Parking
2
● Neighbourhood
Kentwood East
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
13 days
Brokerage Name: Royal LePage Network Realty Corp.
Home price
$290,000
Initial Deposit
I want to start the program with
an initial down payment of
Minimum 2% of the home price or $5,000 whichever is higher
The higher the initial deposit, the lower the monthly payments
Your Monthly Payment
$2,643/month
The payment includes
Rent
$2,316
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$327
Each month, $327 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Buyback
Here is the final price if I buy the house after:
Buyback Price
$335,711
Cumulative Down Payment
$16,786
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$11,786
Buyback Price
$304,500
Cumulative Down Payment
$8,929
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,929
Buyback Price
$319,725
Cumulative Down Payment
$12,857
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$7,857
Buyback Price
$335,711
Cumulative Down Payment
$16,786
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$11,786
There is no minimum rental terms. You can buy back the home anytime throughout the 3-year standard rent-to-own term!
Rent-to-Own This Home for
$2,643/month
This home is listed on realtor.ca. Requity Homes doesn‘t own it—yet. But if it fits your budget and meets our criteria, we can buy it for you through our rent-to-own program.
You move in with as little as 2% down. Part of your monthly payment builds your future down payment. You can buy back the home anytime throughout the 3-year standard rent-to-own term!
No Hidden Fees, No Hidden Costs - Requity pays legal fees, title insurance and land transfer tax when Requity buys the home upfront. Client pays for inspection.
Client initial deposit is applied directly to the down payment when clients are ready to buy the home.
Few ways to reduce your monthly payments
• Look at homes with a lower price
• Put down a higher initial down payment
• Sublet the rooms for extra income
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